---
title: "Huahong Technology: Implementation of the share reduction plan by shareholders holding more than 5% has been completed"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/263768130.md"
description: "Huahong Technology announced that shareholder Zhou Shijie reduced his holdings by 12,750,510 shares through centralized bidding and block trading from August 28, 2025, to October 30, 2025, accounting for 2.05% of the total share capital. Before the reduction, his shareholding was 8.62%, and after the reduction, it is 6.57%. This reduction will not lead to a change in the company's control and will not have a significant impact on operations"
datetime: "2025-10-31T13:57:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/263768130.md)
  - [en](https://longbridge.com/en/news/263768130.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/263768130.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/263768130.md) | [繁體中文](https://longbridge.com/zh-HK/news/263768130.md)


# Huahong Technology: Implementation of the share reduction plan by shareholders holding more than 5% has been completed

Huahong Technology announced that shareholder Zhou Shijie reduced his holdings of the company's shares by a total of 12,750,510 shares from August 28 to October 30, 2025, through centralized bidding and block trading, accounting for 2.05% of the total share capital after excluding the shares in the repurchase special account. The reduction plan has been completed. Before the reduction, Zhou Shijie held 53,532,167 shares, accounting for 8.62%; after the reduction, he held 40,781,657 shares, accounting for 6.57%. The shares reduced include those related to the issuance of shares for asset purchases in 2015 and shares acquired in 2024. This reduction will not lead to a change in the company's control and will not have a significant impact on the company's operations

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